3 Real Estate Stocks Pushing Industry Growth

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 62 points (-0.4%) at 14,778 as of Wednesday, May 1, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 958 issues advancing vs. 1,966 declining with 114 unchanged.

The Real Estate industry currently sits down 0.72 versus the S&P 500, which is down 0.42. A company within the industry that increased today was China HGS Real Estate ( HGSH), up 8.08. On the negative front, top decliners within the industry include Plum Creek Timber ( PCL), down 1.05, Digital Realty ( DLR), down 1.04, American Capital Agency ( AGNC), down 1.03 and Boston Properties ( BXP), down 0.85.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Weingarten Realty Investors ( WRI) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Weingarten Realty Investors is up $0.41 (1.20) to $34.48 on average volume Thus far, 414,727 shares of Weingarten Realty Investors exchanged hands as compared to its average daily volume of 783,400 shares. The stock has ranged in price between $34.23-$34.89 after having opened the day at $34.25 as compared to the previous trading day's close of $34.07.

Weingarten Realty Investors operates as a real estate investment trust (REIT). The company engages in the management, acquisition, and development of real estate. It operates in two segments, Shopping Center and Industrial. Weingarten Realty Investors has a market cap of $4.1 billion and is part of the financial sector. The company has a P/E ratio of 135.2, above the S&P 500 P/E ratio of 17.7. Shares are up 27.3% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Weingarten Realty Investors a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Weingarten Realty Investors as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Weingarten Realty Investors Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

If you liked this article you might like

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Monday: SNR, GES, WRI

Insider Trading Alert - KTEC, TRC And WRI Traded By Insiders

Insider Trading Alert - RNG, CF And WRI Traded By Insiders

Buy These Top 3 Buy-Rated Dividend Stocks Today: LAMR, WRI, VTR

Buy-Rated Dividend Stocks: Top 3 Companies: EGP, NAT, WRI